COLUMBUS, Ind. -- Demand for medium-duty trucks ended 2012 on a strong note, reaching the strongest numbers for net orders since the first quarter in 2008.
ACT Research reported the findings in its latest State of the Industry report, which covers Classes 5-8 vehicle demand in North America.
“The last time Classes 5-7 net orders were as high as they were in Q4 was in Q1 2008,” said Kenny Vieth, ACT’s president and senior analyst. “Strength was broad-based throughout trucks, buses, RVs, and step vans. As for Class 8, orders above the level of build allowed the backlog to rise for a third consecutive month in December.”